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Commodity prices no flash in the pan

December 30, 2011

Some farmers have been pinching themselves because of the high commodity prices they’ve experienced this year. Are those prices a one-time thing or part of a long-term trend? USDA’s Michael Dwyer says the  current prosperity could be here to stay unless it gets derailed by a recession in Europe. Dwyer spoke at the USA Rice Federation’s annual Outlook Conference in Austin, Texas.

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